I support the CPC.
Heard this accusation recently:
China takes part in imperialist plunder by outsourcing all labour intensive tasks to poorer countries to exploit cheap labour, and only the final assembly is done in China anymore.
What is our party line on that?
Edit: thank you all for the answers! I’m far from being an economist and don’t feel confident enough to immediately demand sources something might well be a common knowledge.
I was now given this source: https://www.econstor.eu/bitstream/10419/74902/1/dp205.pdf
In particular:
more than half of China’s export value in 2005 corresponds to that of imported inputs that are merely assembled in China.
only thirty four percent of the value of China’s processing exports in 2005 was domestic content, while the other two thirds corresponded to the value of the imported inputs.
in the high-tech category, it consistently amounts to approximately 90 percent of total high-tech exports
Sounds like utter bullshit. If anything, China is outsourcing the final assembly (and also countless other value-added processes along the way) to poorer countries as their needs see fit- helping them move up the value chain, promote regional trade and development, and, in the case of countries like Mexico, Vietnam, Hungary, or Turkey- giving them a (very lucrative and mutually beneficial) slice of the pie in exchange for circumventing illegal western sanctions and trade-war tariffs.